Claire Esmond

The average woman has around $35,000 less in superannuation than the average man and just over a quarter of women aged 15-69 who have been employed at some point in their lives, don’t have a superannuation account to their name.

The Australian Bureau of Statistics recently painted a picture of the “average” Australian.

It’s the million dollar question, or the $812,000 question to be precise.

The Australian Bureau of Statistics recently painted a picture of the “average” Australian.

The average woman has around $35,000 less in superannuation than the average man and just over a quarter of women aged 15-69 who have been employed at some point in their lives, don’t have a superannuation account to their name.

The messages a mum gives her daughters directly and indirectly are undeniably powerful, even if they seem to fall on deaf ears at times.

Professional women often earn good money and make their own decisions about spending, saving, investing and protecting their wealth.

From this week millions of kids start the new school year and for those with children in the private system the ever-increasing costs can be overwhelming.

Some consider it bad etiquette to discuss money.

Australian women are more likely to work part-time compared to full-time than women in other OECD countries – and this can put them in a vulnerable financial position long-term.

The Australian Psychological Society says money is the leading cause of stress for Australians, with more than 50% of us fessing up to financial worry.

If the budget is passed by the Senate there will undoubtedly be tighter times ahead for many Australians, all in the name of reducing our national debt by $300 billion over the next decade.